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Oct 6, 2012
10/12
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in an environment where you cannot talk about medicare, in an environment where no one will talk about based runners, how did you get from here to there? you said the environment will be different 2013. other than the pressure from the rating agencies, what will get them in sync with each other? >> they will not sing, by god. -- kumbaya. this environment is the worst, but the right time to fix the fiscal cliff. lame duck would be the second worst. for all the reasons i outlined very unlikely we will do anything. it to next year where i think there will be all cited pressures, and there will have to be great leadership from the white house to get this done. it will be hard. i am not saying it will be easy. it will be difficult. there will be lots of days where it is not going to make it. no question about that. we're never very pretty when we are solving big problems. next year is the time to do it. that is the core of my argument. it does need to be done. you will not decide the issues of the tax code and things like that in the lame duck. you have to wait until next year. >> was signa
in an environment where you cannot talk about medicare, in an environment where no one will talk about based runners, how did you get from here to there? you said the environment will be different 2013. other than the pressure from the rating agencies, what will get them in sync with each other? >> they will not sing, by god. -- kumbaya. this environment is the worst, but the right time to fix the fiscal cliff. lame duck would be the second worst. for all the reasons i outlined very...
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Oct 9, 2012
10/12
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it is a competitive environment. you have to put in money to get money. we were among other competitors, as well. you can see from the top. there is another facebook site uses a bit more aggressive marketing. we were not prepared to do that at this point. the bottom picture shows a baby, when it comes to mislead gant -- misleading, i show -- i draw the line with babies. we did have competition. that is why i think we had low traffic. there are other sites available. the primary findings from the study are, and it is a preliminary study, so we would like to follow but up with a more analytic study, is that it is possible, with little experience or academics, we are not computer scientists, to create our own add and posted on a social media site, still available, and this form of media did go to global patients worldwide. but some lessons we can learn from this particular study are that there should be some level of accountability for service providers. facebook just went through the ipo. you are probably not too happy with them if you are a shareholder. th
it is a competitive environment. you have to put in money to get money. we were among other competitors, as well. you can see from the top. there is another facebook site uses a bit more aggressive marketing. we were not prepared to do that at this point. the bottom picture shows a baby, when it comes to mislead gant -- misleading, i show -- i draw the line with babies. we did have competition. that is why i think we had low traffic. there are other sites available. the primary findings from...
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and, there is nothing positive, the environment, like the stock market, you have an environment that is positive. it goes up. so much is based on psychology. the environment in the business world is not positive. the environment that comes out of washington is all negative. and, i can't say we make decisions based upon tax codes. in our business, we're in a business of opportunity. i say we have three under construction because this environment creates opportunities. if you have some cash. landlords are willing to take a lesser rent if you will. employment is available because people aren't working. there are, out of the nonworking a bunch of that really do want to work and kacht find jobs. i can't say everybody that doesn't work wants to work. those opportunities present themselves we move forward. >> president will say he has cut taxes for small businesses. i what do you say to that? >> absolutely not. he can say whatever he wants to say. it is all very, patronizing the electorate. lauren: yeah. >> unfortunately this election on both sides very honestly there is a lot of credibilit
and, there is nothing positive, the environment, like the stock market, you have an environment that is positive. it goes up. so much is based on psychology. the environment in the business world is not positive. the environment that comes out of washington is all negative. and, i can't say we make decisions based upon tax codes. in our business, we're in a business of opportunity. i say we have three under construction because this environment creates opportunities. if you have some cash....
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Oct 7, 2012
10/12
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that's progress with the environment. we are committed to the environment. i take my children hiking and fishing, walking in the woods, in the wilderness. believe me, we have a commit to preserving the environment. you bring up the environment, you can't help but think about the environmental policy of the governor of massachusetts. he talks about being an environmentalist. let me tell you about his environmental policy. the boston harbor -- the boston harbor, which is the dirtiest waterway in america, tons of raw sewage go in there each and every day. what has the governor of massachusetts done about that? virtually nothing. and then he has the audacity to go down to new jersey and tell the people of new jersey that he's against ocean dumping. this is the same governor that applied for a license to dump massachusetts sewage waste off the coast of new jersey. who has the environmental record? who has the environmental interest? george bush and i do. >> senator bentsen. >> this late conversion is interesting to me. [laughter] [applause] i must say, when they
that's progress with the environment. we are committed to the environment. i take my children hiking and fishing, walking in the woods, in the wilderness. believe me, we have a commit to preserving the environment. you bring up the environment, you can't help but think about the environmental policy of the governor of massachusetts. he talks about being an environmentalist. let me tell you about his environmental policy. the boston harbor -- the boston harbor, which is the dirtiest waterway in...
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Oct 2, 2012
10/12
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this environment it was the worst. the lame duck would be the second worst and for all the reasons that i outlined i think it will be very soon begin to do the little that you can get done and then get the reston next year. the rock to be great leadership out of the white house to get this done -- there will have to be great leadership of the white house to get this done. it is going to be difficult. there will be lots of up days where it is going to look like we will not make it. we are never very pretty when we are solving big problems. next year is the time to do with. that is the core of my argument. and it does need to be done, and a question. you will not decide those big issues of the tax code and things like that in the lame duck. it will wait until next year. >> what sigel would you like to see from the presidential candidates to move this process along? would you like to hear them say there tomorrow night or over the next five weeks, what is coming down the line? >> i would like them to say we, meaning the wh
this environment it was the worst. the lame duck would be the second worst and for all the reasons that i outlined i think it will be very soon begin to do the little that you can get done and then get the reston next year. the rock to be great leadership out of the white house to get this done -- there will have to be great leadership of the white house to get this done. it is going to be difficult. there will be lots of up days where it is going to look like we will not make it. we are never...
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Oct 3, 2012
10/12
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the environment of these two candidates come together after really negative attacks, these two candidates not have much of a personal history. they have met less than five times in history. -- in person. this summer has been, as everyone knows, i am sure, a lot of at going after personal attributes. ronnie's well, his career at bain capital, and on the flip side, the obama campaign has been upset about romney not shushing supporters to question whether barack obama was born in the united states. recently, this debate over the attack in libya. romney came out and suggested that obama was sympathetic with those who attacked the embassy there. so there is all this bitterness. they're coming in with it. both men have been coached to not let that come through. mitt romney specifically, rob portman has been told to push his buttons and teach romney how not to be testy and attack obama tonight. he wants to come off as likable. >> when did you arrive in denver? how heavy spent the day today? what have you seen? >> i arrived monday. the first thing i did was go to a rally here in denver with mitt
the environment of these two candidates come together after really negative attacks, these two candidates not have much of a personal history. they have met less than five times in history. -- in person. this summer has been, as everyone knows, i am sure, a lot of at going after personal attributes. ronnie's well, his career at bain capital, and on the flip side, the obama campaign has been upset about romney not shushing supporters to question whether barack obama was born in the united...
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Oct 2, 2012
10/12
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so, in an environment where you can't talk about medicare, in an environment where no one will talk about base broadeners, everyone talks about loophole closers, how do you, how do you get from here to there? and let me ask doug, first, you said that the environment will be different in 2013. other than this pressure you talked about pro the rating agencies what will get these guys singing kumbayah with each other? >> they're not going to sing kumbayah. i don't want to pretend that they will. this environment is the worst but this would be the right time to fix the fiscal cliff so we don't have to worry about the economics. not happening. lame duck would be the second worst. and for all the reasons i outlined i think it is very unlikely we'll do anything real significant. do the little bit you can to avoid damage and get to next year where, i think they're going to be outside pressures from capital markets and rating agencies and there's going to have to be great leadership out of the white house to get this done, and it will be hard. i'm not saying it will be easy. i'm not going to say i
so, in an environment where you can't talk about medicare, in an environment where no one will talk about base broadeners, everyone talks about loophole closers, how do you, how do you get from here to there? and let me ask doug, first, you said that the environment will be different in 2013. other than this pressure you talked about pro the rating agencies what will get these guys singing kumbayah with each other? >> they're not going to sing kumbayah. i don't want to pretend that they...
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Oct 1, 2012
10/12
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no one here wants to harm the environment. what we want to make sure that we do is in a safe, thoughtful manner access the natural resources. lower utility bills from people around the nation, opportunities for a four year university when they come back from the university. 20 years ago we had 37 operating coal mines, but today we do not have 10. we see what is happening, where the unemployment rate is 4%. we know that we could bring down unemployment. we know that we can access resources in a safe manner. i want to make sure that every person in southern illinois who wants to work there, who wants to be in the coal mines, has the opportunity to be there and can provide for their families. [applause] >> paul bradshaw is next. >> of course i am against frakking. it takes vast amounts of clean, drinkable water, ponds it full of chemicals, and fractures underneath the ground and hit the rocks. you talk a lot about creating jobs with it, but it will not create jobs for people in southern illinois. they will move people who know ho
no one here wants to harm the environment. what we want to make sure that we do is in a safe, thoughtful manner access the natural resources. lower utility bills from people around the nation, opportunities for a four year university when they come back from the university. 20 years ago we had 37 operating coal mines, but today we do not have 10. we see what is happening, where the unemployment rate is 4%. we know that we could bring down unemployment. we know that we can access resources in a...
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Oct 5, 2012
10/12
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we created an environment to create jobs. i want to create that environment for the entire state and have a government of cooperation, not a government of being an adverse rate for our citizens and our small businesses. >> mr. dalton, your response. >> he talks about his wins. in the last election, he lost charlotte and mecklenburg county. for nine straight years while he was mayor, charlotte was the highest tax city in the state and the highest tax city when he left. he took in 19% pay raise. taxes went up. there is no wonder that the people did not voted for him because of some of those things. >> i would like to continue that conversation. i have talked to voters out there who say they are fed up with congress and the state legislature because they do not think you can get anything done. you are not willing to compromise because of partisan politics. can each give me a specific example of somewhere in your years of public life where you have tossed aside partisan politics and gotten something done? >> i helped a city becom
we created an environment to create jobs. i want to create that environment for the entire state and have a government of cooperation, not a government of being an adverse rate for our citizens and our small businesses. >> mr. dalton, your response. >> he talks about his wins. in the last election, he lost charlotte and mecklenburg county. for nine straight years while he was mayor, charlotte was the highest tax city in the state and the highest tax city when he left. he took in 19%...
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Oct 4, 2012
10/12
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. >> i think tomorrow it would be great to die in to -- to dive into the protection of our environments. we will not dive into it to the level we should, and romney will not talk about how he is such a green governor in massachusetts, which definitely is a foot lot. >> tomorrow with the domestic policy debate. >> i was going to international affairs, but it is domestic policy. they are not going to discuss how we can get african- americans more jobs. they will talk in general about jobs, since we need jobs more, we should have more attention on its. >> in a sad remembrance of the 400th murder in chicago over the last couple days, we will not talk about the tie between youth unemployment numbers and how it has impacted the dropout rates and the crimes we're seeing in these urban environments. >> i would like to see an honest conversation about collective bargaining. >> i like that one. , we talk about that new small business economy, but african- americans, our economy is not a mom and pop, it is a mom or pop. we need to make sure it is addressing the mom and or pops our communities. , h
. >> i think tomorrow it would be great to die in to -- to dive into the protection of our environments. we will not dive into it to the level we should, and romney will not talk about how he is such a green governor in massachusetts, which definitely is a foot lot. >> tomorrow with the domestic policy debate. >> i was going to international affairs, but it is domestic policy. they are not going to discuss how we can get african- americans more jobs. they will talk in general...
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Oct 6, 2012
10/12
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and this is an environment. the radio and tv environment, much like the search engine environment, where competition is always a click away. it was not a mouse click away. but competition was always a click away. you did not have to pay to switch. it was easy to switch in those situations. you might see how to market exercise power art to mark the answer is as the exercise market power to the volume and intensity of advertising, advertising is how you make money and the volume of advertising is how you do is how much money you can make. it is easy to start by thanking we did there is a lot of discussion about whether google has market power in the advertising market. that is not the place to start. the place to start is in search engine. a company with a great, successful product. but the company have market power? if they did, how would they go about exercising that? the answer is they would have more advertising. and because ads are a utility for consumers, consumers are not getting the content for free. they
and this is an environment. the radio and tv environment, much like the search engine environment, where competition is always a click away. it was not a mouse click away. but competition was always a click away. you did not have to pay to switch. it was easy to switch in those situations. you might see how to market exercise power art to mark the answer is as the exercise market power to the volume and intensity of advertising, advertising is how you make money and the volume of advertising is...
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Oct 3, 2012
10/12
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i think there's three ways to boost returns in a low returns environment. one is to look outside of mainstream. build a third pillar, if you will. we mostly rely on mainstream stocks and bonds. we have hardly anything in inflation sensitive assets and diversification into alternatives. secondly, look for alpha. try to find managers in strategies that can have value. fundamental index i think is a really important addition to that tool kit. thirdly, be tactical. when yields on bonds go negative or below the rate of inflation, which tacitly means negative yields, look elsewhere. >> bob, on that note. perfect place to leave it. we appreciate your coming by. bob arnott. >>> let's go to seema with a market flash. >> ringo is suing google over what it claims infringement of its search technology. a judge denied google's request for summary judgment and wants both parties to encage in settlements talks with the judge. that's what we understand. the stock up better than 35%. mark cuban has a big stake in this stock as well. >> thank you, seema. >>> this is a deal t
i think there's three ways to boost returns in a low returns environment. one is to look outside of mainstream. build a third pillar, if you will. we mostly rely on mainstream stocks and bonds. we have hardly anything in inflation sensitive assets and diversification into alternatives. secondly, look for alpha. try to find managers in strategies that can have value. fundamental index i think is a really important addition to that tool kit. thirdly, be tactical. when yields on bonds go negative...
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Oct 1, 2012
10/12
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>> my hope is that, after this election, the environment in d.c. will be more supportive of a comprehensive immigration reform. of course, we have different views on the subject. i agree with the president's decision to exercise prosecutorial discretion. i also agree what he did for the dreamers. i hope we are able to pass the dream at. >> you are opposed? >> yes. >> but when you look at what is going on out there, the president is getting knocked on both sides. some are knocking him because they say that he deported more folks -- this administration, they say, has deported more focused than any other. >> well, the bush administration. >> we know that, since 2004,he number of border patrol agents have doubled in this country and that, president obama, he called for an increase to avert 21,000 border patrol agents. since 2007, revenue going toward border security has increased 55%. and we also see, for instance, in terms of mexicans coming to the united states, that is at net zero right now. to suggest that somehow our borders are not secure, if wha
>> my hope is that, after this election, the environment in d.c. will be more supportive of a comprehensive immigration reform. of course, we have different views on the subject. i agree with the president's decision to exercise prosecutorial discretion. i also agree what he did for the dreamers. i hope we are able to pass the dream at. >> you are opposed? >> yes. >> but when you look at what is going on out there, the president is getting knocked on both sides. some are...
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Oct 9, 2012
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basically said that you will go to washington, work across party lines, and fix that toxic political environment. but at the same time, you spent years as the democratic party chair, in some ways, being the partisan chief of the party. what would you say to virginians that would convince them that when you go to washington, you'd be not partisan and not simply a loyal lieutenant in harry reid's army. >> i will tell you two things. i served with two presidents. i serve with president bush and president obama. we did not agree on everything. i worked closely on the bush administration on a number of issues that put virginia first. railroads are being built right now largely because of president bush and his secretary of transportation and our ability to work together. we worked with the bush administration in the aftermath of the shootings at virginia tech. i will always be a partner of the nine states, whoever the president is. i also have a track record of working across lines. first, here in richmond. second, as a republican -- as a governor with republican houses. we were the best-managed stat
basically said that you will go to washington, work across party lines, and fix that toxic political environment. but at the same time, you spent years as the democratic party chair, in some ways, being the partisan chief of the party. what would you say to virginians that would convince them that when you go to washington, you'd be not partisan and not simply a loyal lieutenant in harry reid's army. >> i will tell you two things. i served with two presidents. i serve with president bush...
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is that enough for this environment where we expect so little to help the president is that enough? >> that is correct. sandra is right, next 30 to 45 days are critical. you have average 401(k) balance about 107,000, and s&p 500 un14% plus year-to-date. if you see those gains evaporate, if they go away because of poor macro headlines and higher oil prices that would be the game changer for voters. they don't want to see their brokerage statement and see these numbers start melting away if that is the case that probably both start to change using their wallets, election day. neil: when you look at the data and the market, if the market is 04 licking mechanism in the market, it can be all over the map. it has been the president's trend, an october surprise or cause pause? in other words, there would just but barring that. president dodges a financial bullet. >> one could argue that the stock market is -- has been artificially propped up by the fed's money printing measures. when the market looks today they look at earnings, we're about to get latest report on quarterly earnings, ubs p
is that enough for this environment where we expect so little to help the president is that enough? >> that is correct. sandra is right, next 30 to 45 days are critical. you have average 401(k) balance about 107,000, and s&p 500 un14% plus year-to-date. if you see those gains evaporate, if they go away because of poor macro headlines and higher oil prices that would be the game changer for voters. they don't want to see their brokerage statement and see these numbers start melting...
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Oct 9, 2012
10/12
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>> it will certainly be a different environment and some different people. and reality will face is because of the things you have been talking about. we are either going off the cliff are we are not. we are either making a big deal or we are not. we are either getting the debt limit extended or not. we are either keeping our modest but very important economic growth or we are not. and those issues are going to bring people to a fundamental reality that it may be the same structure, which i hope it's not. it may be the same structure, division of authority, but it's not the same time, and you either fix it or live with it. >> so you think that if we had the same makeup we had, politicians would come to washington next january, deciding that doing a deal is less painful than not doing a deal, in order to get things fixed that you talked about, the tax code, regulation, not clear on what would happen with regulation, energy, immigration, issues that all of you think need to get fixed, do you think american can do the? >> we've had a lot of committees of six, 1
>> it will certainly be a different environment and some different people. and reality will face is because of the things you have been talking about. we are either going off the cliff are we are not. we are either making a big deal or we are not. we are either getting the debt limit extended or not. we are either keeping our modest but very important economic growth or we are not. and those issues are going to bring people to a fundamental reality that it may be the same structure, which...
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Oct 9, 2012
10/12
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>> well, it has been a tough economic environment for all of us. so, we have been doing pretty well from a market share standpoint and it is really based on the innovations that we have delivered. we have brought some things to the marketplace. i mentioned packaging technology. first was our steaming technology. the cafe steamers in 2008 and healthy choice cafe steamers was the biggest new strproduct of t industry of that calendar year. since then the steaming platform has been well. we have introduced the bakeden tr trays. that uses smart trays which allows you to bake a product in the microwave than you would in an oven in equal qual taity. >> first, you tried to make a giant acquisition and private label. you have keyed on making the small but valuable acquisitions that are bringing things to the bottom line. you still have a great balance sheet even after the acquisitions that you have done. >> jim, we stepped back a couple of years ago and said let's have a clear roadmap. we looked in the mirror and said we need to transform this portfolio to
>> well, it has been a tough economic environment for all of us. so, we have been doing pretty well from a market share standpoint and it is really based on the innovations that we have delivered. we have brought some things to the marketplace. i mentioned packaging technology. first was our steaming technology. the cafe steamers in 2008 and healthy choice cafe steamers was the biggest new strproduct of t industry of that calendar year. since then the steaming platform has been well. we...
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Oct 7, 2012
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there is an energy policy that leads us in the direction of not only toward independence and clean environment but an energy policy that creates 5 million new jobs, a foreign policy that ends this war in iraq, a foreign policy that goes after the one mission the american public gave the president after 9/11, to get and capture or kill bin laden and to eliminate al qaeda. a policy that would in fact engage our allies in making sure that we knew we were acting on the same page and not dictating. and a policy that would reject the bush doctrine of preemption and regime change and replace it with a doctrine of prevention and cooperation and, ladies and gentlemen, this is the biggest ticket item that we have in this election. this is the most important election you will ever, ever have voted in, any of you, since 1932. and there's such stark differences, i would follow through on barack's policies because in essence, i agree with every major initiative he is suggesting. >> governor. >> and heaven forbid, yes, that would ever happen, no matter how this ends up, that that would ever happen with eithe
there is an energy policy that leads us in the direction of not only toward independence and clean environment but an energy policy that creates 5 million new jobs, a foreign policy that ends this war in iraq, a foreign policy that goes after the one mission the american public gave the president after 9/11, to get and capture or kill bin laden and to eliminate al qaeda. a policy that would in fact engage our allies in making sure that we knew we were acting on the same page and not dictating....
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Oct 9, 2012
10/12
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. >> for the environment, we felt we needed more not less. >> kimberly: more on the ground for those meeting with ambassadorsteins months before the assaults. that's next on "the five." ♪ ♪ >> greg: i love the everly brothers. the libyan mess should be a major motion picture starring george george clooney. funny those who normally care are quiet. the "washington post" ombudsman say the paper screwed up chasing the anti-muhammad video tail. why did the media blame the video instead of terror? the daily beast explains that the administration cherry picked that despite evidence to the contrary. one day after the attack aide to hillary said it was terrorism. ambassador susan rice still blamed the mob. cnn and the rest concurred. why did they buy the lie? downplay al-qaeda and strategy for the election before protection. that may be why bob's suspenders are more secure than the consulate. maybe they want to believe the lie. it's the west that is the root of all evil, not actual evil. america is a bad guy even if the other guy threw the first punch. foreign policy is anti-bullying add
. >> for the environment, we felt we needed more not less. >> kimberly: more on the ground for those meeting with ambassadorsteins months before the assaults. that's next on "the five." ♪ ♪ >> greg: i love the everly brothers. the libyan mess should be a major motion picture starring george george clooney. funny those who normally care are quiet. the "washington post" ombudsman say the paper screwed up chasing the anti-muhammad video tail. why did the...
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Oct 8, 2012
10/12
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i grew up in a religious environment and i am proud of it. i was into the priest. i'm proud of that. i would probably enormously angry right now. so i am grateful for my faith and on and on apologetic about it. >> this is pretty remarkable we started talking a little bit about how it has changed over time. we could have also added to the 19th amendment and women becoming a part of this part of the democratic inclusion. [laughter] but most of the amendments have made it more perfect. they got rid of it. >> ausley understand. >> it is pretty extraordinary. the constitution frees up every american to be eligible for public office, and there is no religious test and that wasn't the prominent feature of the state constitutions. a lot of them actually had religious tests. >> you have the establishment in religion. so, on a understand that but i simply say that the country moved on. i grew up at a time people were respectful of religion and religious people. on grew up when the church was open all the time and nobody broke and and nobody engaged in sacrilegious conduct. i
i grew up in a religious environment and i am proud of it. i was into the priest. i'm proud of that. i would probably enormously angry right now. so i am grateful for my faith and on and on apologetic about it. >> this is pretty remarkable we started talking a little bit about how it has changed over time. we could have also added to the 19th amendment and women becoming a part of this part of the democratic inclusion. [laughter] but most of the amendments have made it more perfect. they...
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Oct 5, 2012
10/12
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how would you bring back dollars to new jersey in this environment. and what would you identify as the most pressing new jersey project in need of fiscal funding? >> unfortunately, these guys abuse be earmarked process. there were excessive. and of course now we are at a point with our debt problems that we cannot afford them. so i am going to fight tooth and nail -- within the confines of form and other plans that exist for people to compete. and i am going be very active around the state. we lost a big army base. people all around new jersey. sure where you were in that fight. i did not see you. we lost that base. lost those jobs. they moved to aberdeen, maryland and a sky high price tag for the american taxpayer. >> time, sir. >> that is what we have to work for. >> thank you, sir. >> look, joe, you are entitled to your opinion, but not your facts. the reality is that when the base -- i did not have the privilege at the time when that was going under, was going on. so, that is not when you cannot subscribe to me. i joined colleagues who were repres
how would you bring back dollars to new jersey in this environment. and what would you identify as the most pressing new jersey project in need of fiscal funding? >> unfortunately, these guys abuse be earmarked process. there were excessive. and of course now we are at a point with our debt problems that we cannot afford them. so i am going to fight tooth and nail -- within the confines of form and other plans that exist for people to compete. and i am going be very active around the...
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you know it's not the case the the environment environmental regulations are a very tiny part of the cost of doing business in this country to the extent that the coal industry is endangered it's because that industry can't compete with other cleaner more efficient forms of energy that's the problem they're facing and instead of modernizing and coming up to the to the reality of the situation these companies are running to congress trying to prevent trying to block the kinds of the clean air and clean water protections that have been adopted by bipartisan consensus over the past forty years that's just plain irresponsible looks like of the their lobbying has been paying off because we stopped the war on coal they'll dead and deed passed the house and this issue was brought up during last night's presidential debate let's take a listen to what republican nominee mitt romney said. i like coal i'm going to make sure we continue to burn clean coal people in the coal industry feel like it's getting crushed by your policies i want to get america and north america energy independent so we c
you know it's not the case the the environment environmental regulations are a very tiny part of the cost of doing business in this country to the extent that the coal industry is endangered it's because that industry can't compete with other cleaner more efficient forms of energy that's the problem they're facing and instead of modernizing and coming up to the to the reality of the situation these companies are running to congress trying to prevent trying to block the kinds of the clean air...
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Oct 9, 2012
10/12
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basically said that you will go to washington, work across party lines, and fix that toxic political environment. but at the same time, you spent years as the democratic party chair, in some ways, being the partisan chief of the party. what would you say to virginians that would convince them that when you go to washington, you'd be not partisan and not simply a loyal lieutenant in harry reid's army. >> i will tell you two things. i served with two presidents. i serve with president bush and president obama. we did not agree on everything. i worked closely on the bush administration on a number of issues that put virginia first. railroads are being built right now largely because of president bush and his secretary of transportation and our ability to work together. we worked with the bush administration in the aftermath of the shootings at virginia tech. i will always be a partner of the nine states, whoever the president is. i also have a track record of working across lines. first, here in richmond. second, as a republican -- as a governor with republican houses. we were the best-managed stat
basically said that you will go to washington, work across party lines, and fix that toxic political environment. but at the same time, you spent years as the democratic party chair, in some ways, being the partisan chief of the party. what would you say to virginians that would convince them that when you go to washington, you'd be not partisan and not simply a loyal lieutenant in harry reid's army. >> i will tell you two things. i served with two presidents. i serve with president bush...
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Oct 2, 2012
10/12
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CURRENT
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. >> jennifer: who wants to be in this high-risk, high-profile tense environment? nobody loves that. >> no but i think certain people rise to the level of the performance. bill clinton you always got the feeling that he was very happy to be there. >> jennifer: it makes me smile thinking about it. you also say that governor rom any has a few of these flaws as well. he could be overly cautious he lacks spontaneity. he appears awkward and whiny. and he might be boring. if you were comparing the flaws of either one of those, which would you rather be? >> i think i would rather be obama. however, i do think they are fairly evenly matched. and in some ways there are similarities. i see both men as being men more about the intellectual side of things and not the emotional side of things. nay are both a little bit aloof. but the clip we looked at where mitt romney loses it about the rules, that was the most impassioned we have seen that. but isn't it interesting he is not getting passionate out of issues, he is getting passionate because he feels like somebody is cheating
. >> jennifer: who wants to be in this high-risk, high-profile tense environment? nobody loves that. >> no but i think certain people rise to the level of the performance. bill clinton you always got the feeling that he was very happy to be there. >> jennifer: it makes me smile thinking about it. you also say that governor rom any has a few of these flaws as well. he could be overly cautious he lacks spontaneity. he appears awkward and whiny. and he might be boring. if you...
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Oct 5, 2012
10/12
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CSPAN2
tv
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the urban environment. i love it and that is why a study of. i went to public schools my whole life and it was from the teacher who said hey you might like doing this and spent time after school and they introduce me to an excellent opportunity or someone who sat after school with me and went through different topic source said i didn't understand it might debate coach in high school not being paid to spend but spent an extra six hours per week coaching. these are all things that i found made the character of my life and they all happened not by way of some sort of large institutions not by way of -- that was my local experience and what i found in a very homely city and you hear the characterization of cities or urban environments as you get lost and this has not been my experience and this is not what the local represents of returning to what i find to be the salient theme is that cities and local politics and local institutions are really fit on the greatest opportunity. you can truly access and touch th
the urban environment. i love it and that is why a study of. i went to public schools my whole life and it was from the teacher who said hey you might like doing this and spent time after school and they introduce me to an excellent opportunity or someone who sat after school with me and went through different topic source said i didn't understand it might debate coach in high school not being paid to spend but spent an extra six hours per week coaching. these are all things that i found made...
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Oct 9, 2012
10/12
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i believe circumstances around america and the world create an environment where whoever is in authority and power have to act or pay the price. >> i am optimistic. i do not think the american people will settle for anything less than success, and they are going to drive this debate. as business leaders, our job is to insure the business community is involved in the discussion. if they are, politicians will do the right thing. >> to you think american politicians will do what is needed? >> you will not find pessimist'' up here. we would not do what we do for a living. the problems we face can be solved. americans can be counted on to do the right thing after they have exhausted every other possibility. we would get it done. >> you can never go wrong ending on churchill. thank you for joining me. [applause] >> thank you all for joining us for conversations and power today, and a big thank-you to a keen observer on washington politics and the economy, as well who as a great moderator. and thank you to our panelists. we really appreciate you all being here. i would also like to again thank
i believe circumstances around america and the world create an environment where whoever is in authority and power have to act or pay the price. >> i am optimistic. i do not think the american people will settle for anything less than success, and they are going to drive this debate. as business leaders, our job is to insure the business community is involved in the discussion. if they are, politicians will do the right thing. >> to you think american politicians will do what is...
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Oct 8, 2012
10/12
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CNBC
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sort of, for her -- it had happened in smaller ways but just the significance of it, the regulatory environment, all of those things came together in a way that maybe she just couldn't foresee. >> susan, thanks for joining us. it is a good read. enjoyed it very much. >> appreciate you having me here. >> great interview there, sue. >>> sprint customers can now pick their own vanity phone number. i'm not kidding. the idea is simple. instead of a ten-digit number you just dial "power lunch" instead. call me. don't go away. ♪ [ piano ] you. we know you. we know you're not always on top of it. and how could you be? that often you just want... quiet. we know all that life demands from you. and how it's almost impossible for you to escape. almost. introducing a car made better for you in every way. the luxurious, all-new honda accord. it starts with you. >>> time for the power rundown. kayla tausche and bob pisani is with me as well. china, those tensions we mention seem to be deepening. nation, now friend or foe to the u.s. and its investors? what do you think, kayla? >> i learned last week that ch
sort of, for her -- it had happened in smaller ways but just the significance of it, the regulatory environment, all of those things came together in a way that maybe she just couldn't foresee. >> susan, thanks for joining us. it is a good read. enjoyed it very much. >> appreciate you having me here. >> great interview there, sue. >>> sprint customers can now pick their own vanity phone number. i'm not kidding. the idea is simple. instead of a ten-digit number you...
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Oct 3, 2012
10/12
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CSPAN2
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you save the environment would be different in 2013. other than this pressure you talk about for the rating agencies, what is going to get these guys singing to my all? >> they are not going to think oh my god. this environment is the worst, but this'll be the right time to fix it. you don't have to worry about economics not happening. it can be the second word and it's very unlikely that she can't avoid getting it to next year, where i think they're going to be outside pressures. capital market, cutting rating agencies and great leadership out of the white house to get this done. and it's going to be difficult underscored to be lots of days where it's going to look like were going to make it and there's no question about that. we are never very pretty when we solve the problems. next year is the time to do it. it does need to be done. there's no question about it. you're not going to design the big issues and things like that in the lame duck. you're just not. you have to wait till next year. >> for me ask you, what signal would you li
you save the environment would be different in 2013. other than this pressure you talk about for the rating agencies, what is going to get these guys singing to my all? >> they are not going to think oh my god. this environment is the worst, but this'll be the right time to fix it. you don't have to worry about economics not happening. it can be the second word and it's very unlikely that she can't avoid getting it to next year, where i think they're going to be outside pressures. capital...
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Oct 8, 2012
10/12
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FOXNEWSW
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. >> for the environment, we felt we needed more not less. >> kimberly: more on the ground for those meeting with ambassadorsteins months before the assaults. that's next on "the five." humans -- even when we cross our t's and dot our i's, we still run into problems. namely, other humans. which is why, at liberty mutual insurance, auto policies come with new car replacement and accident forgiveness if you qualify. see what else mes standard at libertymutual.com. liberty mutual insurance. responsibility. what's your policy? [ male announcer ] start with nothing, build a ground-breaking car. good. now build a time machine. go here, find someone who can build a futuristic dash board display. bring future guy back. watch him build a tft display like nothing you've ever seen. get him to explain exactly what that is. the thin film transistor display... [ male announcer ] mmm, maybe not. just show it. customize the dash, give it park assist. the fuel efficiency flower thing. send future guy home, his work here is done. destroy time machine. win some awards, send in brady. that's how you do
. >> for the environment, we felt we needed more not less. >> kimberly: more on the ground for those meeting with ambassadorsteins months before the assaults. that's next on "the five." humans -- even when we cross our t's and dot our i's, we still run into problems. namely, other humans. which is why, at liberty mutual insurance, auto policies come with new car replacement and accident forgiveness if you qualify. see what else mes standard at libertymutual.com. liberty...
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Oct 5, 2012
10/12
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WJLA
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. >> it is unfortunate for the put them in an unsafe environment. >> police went to her home after a tip of possible child neglect. they found six children under the age of two, three of them a room all along. >> the cannot walk or talk. they cannot let you know that something is the matter. home butt by her nobody answered the door. we found a web site for the day care that says they are trained cpr and first-aid. police say do not be fooled. should do some digging. >> if they are caring for more children, they have to the state. with the parents need to do their homework, the background and jack. -- and check. >> the suspect, tara loop, has with four counts of cruelty and injuries to children. >> much more still to come. the daring rescue of a woman burning home. >> that we will show you the latest trend in housing. hello, micro homes? >> baseball fever in the district. >> and a meningitis outbreak is growing as we i don't spend money on gasoline. i am probably going to the gas stati abt once a month. last time i was at a gas station was about...i would say... two months ago. i ve
. >> it is unfortunate for the put them in an unsafe environment. >> police went to her home after a tip of possible child neglect. they found six children under the age of two, three of them a room all along. >> the cannot walk or talk. they cannot let you know that something is the matter. home butt by her nobody answered the door. we found a web site for the day care that says they are trained cpr and first-aid. police say do not be fooled. should do some digging. >>...
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Oct 7, 2012
10/12
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CSPAN2
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the austrian accord, big supporters of the environment. think about the amount of paper that was wasted when we drafted the oslo accord. thousands of papers. but today we come and we speak with the palestinian leadership about the oslo accord, well, it is written, so what? for example, [inaudible] a holy site for jews in an in accordance to the oslo accord were supposed to go there whenever we want pray, that we cannot go there. it's not safe for jews, cannot go to date and pray at the tomb of jordan. so it is written in the oslo accords. i don't want to another accord and another ceremony at the white house. i don't believe in it. i want to get to the point where there will be real peace with real partner, and still we'll get to that point we will have to manage the conflict. i want to sum up and tell you that the book is very straight. i didn't hide, and some of my colleagues in the parliament told me, you're making a mistake because if you buy something out in the book and you are young relatively, what will happen in two years? people
the austrian accord, big supporters of the environment. think about the amount of paper that was wasted when we drafted the oslo accord. thousands of papers. but today we come and we speak with the palestinian leadership about the oslo accord, well, it is written, so what? for example, [inaudible] a holy site for jews in an in accordance to the oslo accord were supposed to go there whenever we want pray, that we cannot go there. it's not safe for jews, cannot go to date and pray at the tomb of...
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Oct 5, 2012
10/12
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CSPAN2
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this is an assignment, the radio and tv environment much like the search engine environment. where competition is a click away. it wasn't a mouse click back and. you have to click the dial on your television set. competition was always a click away. there was no cost to switch and you didn't have to pay to switch. so it was easy to switch into situations and you might say how could the exercise market power. the answer is that you exercise market power to the volume and intensity of advertising. advertising is how you make money, and the value of advertising is how you boost how much money you can make. the easiest is to start i think there's a lot of discussion about whether google has market power in the advertising market. that's an interesting discussion. that's not the place to start. the place to start is in search engines, and we think company with a great successful product of my tech company of market power? if they did have market power, how would they go about exercising at? and the answer is they would have more advertising. they would have more ads and because it
this is an assignment, the radio and tv environment much like the search engine environment. where competition is a click away. it wasn't a mouse click back and. you have to click the dial on your television set. competition was always a click away. there was no cost to switch and you didn't have to pay to switch. so it was easy to switch into situations and you might say how could the exercise market power. the answer is that you exercise market power to the volume and intensity of...
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Oct 8, 2012
10/12
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CNBC
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a really difficult environment, the past ten years. now all of a sudden, you see plans maintain their traditional allocation. now underfunded. the question comes back to, okay, if you ever are funded -- fully funded again what would you do in the future, having lived this in the past? and many are look tact and saying, you know what actually, our corporate balance sheets are strong enough, we can take that risk on right now of redee risking the plan full and paying out cash in order to use this liability-driven investing to in essence, create certainty about their statements they haven't had in the past. cfos can take one of the things off their list they worry about at night that keeps them up. >> derek, how do the fund managers presently feel about the volatility of the market? the loaned of the volatility as far as the s & p 500, how are they approaching investments based upon that? >> yeah, you know what, great point there, because basically what's happening is we see volatility as bag big concern. it shows up from our clients, sho
a really difficult environment, the past ten years. now all of a sudden, you see plans maintain their traditional allocation. now underfunded. the question comes back to, okay, if you ever are funded -- fully funded again what would you do in the future, having lived this in the past? and many are look tact and saying, you know what actually, our corporate balance sheets are strong enough, we can take that risk on right now of redee risking the plan full and paying out cash in order to use this...
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Oct 8, 2012
10/12
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WTTG
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optimistic, because businesses and wall street needs clarity and direction and for some time it's been an environment of uncertainty. it's why you've seen stagnant in the employment numbers. gdp at 1.3%. the fed is keeping the interest rates very low now in order to make sure there's a backdrop for economic growth and expansion. we need fiscal leadership out of washington to basically say which way the economy will go. >> you mentioned wall street, what wall street doesn't like is uncertainty. but does wall street -- i think the traditional thinking is, well, wall street, when a republican is elected, they kind of like that, because they generally view that as being a pro business person in office. and generally a democrat bringing more regulation perhaps, which wall street might not like. is that a fair assumption? >> i would say so, to a certain degree. we need regulation, but not overregulation. if you look at a lot of surveys of the fortune 500 ceos now, a lot of them are saying there's too much regulation and there's more to come down the road with franks. franks will present five new government
optimistic, because businesses and wall street needs clarity and direction and for some time it's been an environment of uncertainty. it's why you've seen stagnant in the employment numbers. gdp at 1.3%. the fed is keeping the interest rates very low now in order to make sure there's a backdrop for economic growth and expansion. we need fiscal leadership out of washington to basically say which way the economy will go. >> you mentioned wall street, what wall street doesn't like is...
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Oct 8, 2012
10/12
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KNTV
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the downside of switching early, this blend is not as friendly to the environment since it evaporates quicker in warm weather. so you're wondering when will these prices drop and how much? one school of thought has prices going down 15 to 20 cents within a week. if that happens, the only hang-up is that refinery problems that caused wholesale gas prices to suddenly skyrocket >> it is rather isolated when it comes to gasoline issues. when refineries in california have problems and nobody else does, it leads to a big problem in california and not anywhere else and that's what we're seeing. >> reporter: and the two major refinery problems that i think the people in the bay area are familiar with one, the fire at the chevron richmond refinery in august and the shutdown of a refinery in torrance because of a power failure but it resumed full production this past friday. reporting live, bob redell, "today in the bay." >>> happening now at 4:34, a major commute route in the east bay tied up after a deadly crash. lafayette police are still investigating what happened near pleasant hill and sp
the downside of switching early, this blend is not as friendly to the environment since it evaporates quicker in warm weather. so you're wondering when will these prices drop and how much? one school of thought has prices going down 15 to 20 cents within a week. if that happens, the only hang-up is that refinery problems that caused wholesale gas prices to suddenly skyrocket >> it is rather isolated when it comes to gasoline issues. when refineries in california have problems and nobody...
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Oct 5, 2012
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the whole environment in hp of freedom, of thinking. the assumption is that sometimes we are going to fade. that's what makes this fascinating because the road is not made. you are making a road. sometimes you take the road back, but you correct it and you reach your goal. >> at hp, he's done innovative work inside the health care and transportation industries, creating models to make them more operational and efficient. but it's his work on the outside nurturing future mathematicians and researchers that is solidifying his legacy. >> we have stories of difficult lives who achieve a goal. what's not so common is to find people who want to give in that way back and he wants to just be part of that to help that happen. >> i am not a religious person, but i start thinking, hey, this math can be applied to create better world. i want to make a difference to hp and make a difference in society, create a better world. >> steve: what a life. he continues to give back to mexico and throughout latin america where he was brought up. over 100 men
the whole environment in hp of freedom, of thinking. the assumption is that sometimes we are going to fade. that's what makes this fascinating because the road is not made. you are making a road. sometimes you take the road back, but you correct it and you reach your goal. >> at hp, he's done innovative work inside the health care and transportation industries, creating models to make them more operational and efficient. but it's his work on the outside nurturing future mathematicians and...
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Oct 9, 2012
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WTTG
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louis, played a really tough environment at busch stadium and split the series. now it's back home where they have home field advantage. >> with such a short series like we've all talked about you'll have to win games on the road anyway. for to us come here and split in a tough environment against a tough team, now we go home and if we hold home field advantage, we go to the next round. >> i think going 1-1 here is huge, coming here, winning one game, going back home the next three will be great for us and playing at home is always great. >> like i said, you work all season to get home field advantage and we got it going home with the series tied. we get a chance to play in front of our fans and go back home and it's what it's all. about we did our job while we were here, split the series. we'll head home. >> reporter: the nats now hope their pitching staff can get it together quickly. edwin jackson is on the hill for game three and has some postseason experience, pitched in four games for the cardinals ironically last season. they turned off the lights. i'm thin
louis, played a really tough environment at busch stadium and split the series. now it's back home where they have home field advantage. >> with such a short series like we've all talked about you'll have to win games on the road anyway. for to us come here and split in a tough environment against a tough team, now we go home and if we hold home field advantage, we go to the next round. >> i think going 1-1 here is huge, coming here, winning one game, going back home the next three...
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Oct 9, 2012
10/12
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WETA
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basically said you're going to go to washington, work across party lines, and fix that toxic political environment. but at the same time, you spent years as democratic party chair being in some ways the partisan-in-chief for the party. what do you say to virginians to convince them when you go to washington, you will be the problem solver who's nonpartisan? >> when i was governor, i served with two presidents. i served with president bush for lee years and president obama for a years i was a different party than president bush and we dinet agree on everything, but i worked very closely with the bush administration on a number of key initiatives, always looking to partners to put virginia first. rail to dulles is being built right now largely because of president bush and his secretary of transportation and our ability to work togethers about we worked together with the bush administration in the aftermath of the shootings at virginia tech. i will always be a partner of the president of the united states, whoever that president is. i also have a great track record of working across lines, first as
basically said you're going to go to washington, work across party lines, and fix that toxic political environment. but at the same time, you spent years as democratic party chair being in some ways the partisan-in-chief for the party. what do you say to virginians to convince them when you go to washington, you will be the problem solver who's nonpartisan? >> when i was governor, i served with two presidents. i served with president bush for lee years and president obama for a years i...
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Oct 9, 2012
10/12
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CNBC
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voss will lock in profits and take time to relax and reassess the environment. you have elections, fiscal cliff, the eurozone uncertainty and in that type of environment it is a case of i know things are strong when i get out and look to get back in later on. >> josh brown, what do you do with apple here? do you use the pullback as substantial as it has been, 10% from a peak at the end of september? do you use it as a buying opportunity or a flag in your face that says i have got real reason to worry here? >> i would caution anyone who is booking a funeral home for the final passage of the apple story. i think that's a little premature. technically speaking, we have big volume coming to google and apple and it is the same funds that own both these stocks. nobody should be surprised there is a dip at the beginning of the quarter. i think when have you a quarter where stocks out perform bonds to such a massive degree which is clearly what we saw here, you are going to see people rebalance out of equities, rebalance into stocks and apple is not immune to that. it i
voss will lock in profits and take time to relax and reassess the environment. you have elections, fiscal cliff, the eurozone uncertainty and in that type of environment it is a case of i know things are strong when i get out and look to get back in later on. >> josh brown, what do you do with apple here? do you use the pullback as substantial as it has been, 10% from a peak at the end of september? do you use it as a buying opportunity or a flag in your face that says i have got real...
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Oct 1, 2012
10/12
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MSNBCW
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. >> well, this is a tricky business because you have a coal situation and environment and all those concerns. how do you win on that argument in your state and how is mandel running that case? he seems like he's stuck with the romney idea. >> yeah, he is. and i think you win on that by, you know, you know, we've talked enough on this show, chris, and you get this better than almost anybody, that it's not liberal/conservative, left or right, it's whose side you're on. i go to belmont county and zanesville and cambridge and woodsfield and these communities in appalachia. they know i want to keep programs strong for veterans. veterans have a higher unemployment rate. we're always working on helping with manufacturing. there's a lot of small manufacturers in these small communities, and i want to make sure that these workers get an opportunity to send their kids to school. we have more coal mine jobs today in ohio than we did four years ago. it's not a huge number anymore, but it matters in our state, and we're seeing those -- i think those miners come around and support the president i
. >> well, this is a tricky business because you have a coal situation and environment and all those concerns. how do you win on that argument in your state and how is mandel running that case? he seems like he's stuck with the romney idea. >> yeah, he is. and i think you win on that by, you know, you know, we've talked enough on this show, chris, and you get this better than almost anybody, that it's not liberal/conservative, left or right, it's whose side you're on. i go to...
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Oct 9, 2012
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CSPAN2
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eye 190
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but on the other hand, we can't panic if an environment of that -- in an environment of that sort. we, you know, you said how transitions are unpredictable, and there are all kinds of -- i don't remember the term that you used. but when you look at all of that, this is the time not to pull back. there's still important american interests. you need to engage. the outcome is not decided. there is a battle going on in each one of these countries. and if you don't weigh in diplomatically and economically and militarily if need be, the outcome isn't going to be to your liking, and the worst thing to do is to assume it's all the same, you can't do anything about it and pull back. that is a mistake, and i think panic is the wrong strategy. >> okay. i think those are two strong endorsements for an interest-based approach. i think the challenge in the democratic society, ours as well as on the other side, is whether you can sustain support for such an approach. hisham said love's got nothing to do with it. >> i like to quote -- [laughter] tina turner. >> i love your wife. >> look, i know ti
but on the other hand, we can't panic if an environment of that -- in an environment of that sort. we, you know, you said how transitions are unpredictable, and there are all kinds of -- i don't remember the term that you used. but when you look at all of that, this is the time not to pull back. there's still important american interests. you need to engage. the outcome is not decided. there is a battle going on in each one of these countries. and if you don't weigh in diplomatically and...
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Oct 3, 2012
10/12
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CSPAN
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they are used the environment. they have somebody to play the moderator and ask questions. obama does not like sound bites. as his campaign will tell you. they force him to give answers. they do whatever they can to simulate the debate situation. >> you quote a former chief of staff to vice-presidents al gore and joe biden. let me read some of his points -- can you elaborate? >> sure. he is not really specifically using this advice for romney or obama, although i have no doubt many of these tips are being passed on to president obama. it is interesting. that was my first short summary of what he has to say. he went into more depth about each one of those things. impressions of the debate are formed very early. in the first half hour. a lot of the reporters will be writing their stories in the first half hour. you need to come out strong. if there is something you want to say, you have to say it right away. you suggest candidates, when they come out to the stage, write down three points they want to make. when you are watching the debates, you see that. talking points in res
they are used the environment. they have somebody to play the moderator and ask questions. obama does not like sound bites. as his campaign will tell you. they force him to give answers. they do whatever they can to simulate the debate situation. >> you quote a former chief of staff to vice-presidents al gore and joe biden. let me read some of his points -- can you elaborate? >> sure. he is not really specifically using this advice for romney or obama, although i have no doubt many...
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Oct 4, 2012
10/12
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and it's part of, you know, that understanding of the macroeconomic environment. did influence our guidance for 2013. it's very much a factor that, you know, is on my mind. we have a big exposure to europe. some of the markets in europe are our strongest markets. we have very big shares. and so we had to take that into account as we gave guidance for 2013. so we took into account the macroeconomic environment, the market changes that are under way, the challenges we have internally, and the products that we're bringing to market and, said, you know, what do we think is a reasonable achievable goal that will allow us to make the investments that will set this company up for a great 2014 and beyond. >> meg, is hp simply too big still? you mentioned during this interview, 320,000 employees. it's almost amazing to think a company with less than a $30 billion market, of course, you have a huge revenue line as well. you have 2100 different skews of laser printers. is the scale simply large for you to manage and for it to succeed? >> i don't think so. you know, i have no
and it's part of, you know, that understanding of the macroeconomic environment. did influence our guidance for 2013. it's very much a factor that, you know, is on my mind. we have a big exposure to europe. some of the markets in europe are our strongest markets. we have very big shares. and so we had to take that into account as we gave guidance for 2013. so we took into account the macroeconomic environment, the market changes that are under way, the challenges we have internally, and the...
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how would you bring back dollars to new jersey in this environment and what would you identify as the most pressing new jersey project in need of federal funding? kyrillos: well unfortunately, these guys abuse the earmark process. they were excessive. and of course now we are at a point with their debt problem that we can't afford them. so i'm going to fight tooth and nail for every project that can come back home within the confines of formulae and other plans that exist for people to compete for. and i'm going to be very active and visible all around the state. we lost a big army bait in monmouth county. they didn't just employ people in monmouth county but people all around new jersey. senator i'm not sure where you were in that fight. i didn't see it. and of course we lost those jobs and we lost that base and the move to aberdeen maryland at a sky-high price tag to the american taxpayer. and so the existing army base, the megabass that is what we have to work for. >> moderator: thank you sir. senator menendez? menendez: can i go a little over? >> moderator: i've got you covered. m
how would you bring back dollars to new jersey in this environment and what would you identify as the most pressing new jersey project in need of federal funding? kyrillos: well unfortunately, these guys abuse the earmark process. they were excessive. and of course now we are at a point with their debt problem that we can't afford them. so i'm going to fight tooth and nail for every project that can come back home within the confines of formulae and other plans that exist for people to compete...